Experience

Onafriq

• South Africa
• Financial Services
• 1 - 100 Employee

• Head Of Compliance

  • Nov 2021 - Present

  Johannesburg • Overall responsibility for the group Compliance function to strengthen and enhance compliance within the group. • Leading and establishing coherent and strategic compliance monitoring and control plan across all business units and affiliates in support of the delivery of the overall business strategy. • Member /Reporting to the Group Board Audit & Risk Committee, Technical Committee, Participant in Group Operations Committee, and Group Anti-Money Laundering Reporting… Show more • Overall responsibility for the group Compliance function to strengthen and enhance compliance within the group. • Leading and establishing coherent and strategic compliance monitoring and control plan across all business units and affiliates in support of the delivery of the overall business strategy. • Member /Reporting to the Group Board Audit & Risk Committee, Technical Committee, Participant in Group Operations Committee, and Group Anti-Money Laundering Reporting Officer • Management of financial crime risk - Know Your Customer (KYC), AML/CFT, Partner Oversight, and fraud risk across the MFS Africa-Hub network. Key Achievements • Participated in design and development of an in-house Realtime sanctions screening system. • Developed a partner oversight program to manage third-party risk to the MFS-hub ecosystem. • Key member of the company’s transactions team for capital raising and M&A activities. • Key member of the ISO 27 001 certification team. • Managed the Ghana Enhanced PSP licence application project.

• Business Analyst/Partner Compliance Manager

  • Feb 2019 - Mar 2022

  Johannesburg, Gauteng, South Africa • Development of compliance initiatives and programs to comply with the respective legal, licensing, and regulatory obligations. • Development and implementation of the risk management framework to support partner due diligence, onboarding, and all customer interactions. • Identifying internal and external AML/CTF loopholes and coordinating projects to bridge the gaps. • Collaborate with Product and Technology teams in the design and development of systems and tools to monitor… Show more • Development of compliance initiatives and programs to comply with the respective legal, licensing, and regulatory obligations. • Development and implementation of the risk management framework to support partner due diligence, onboarding, and all customer interactions. • Identifying internal and external AML/CTF loopholes and coordinating projects to bridge the gaps. • Collaborate with Product and Technology teams in the design and development of systems and tools to monitor, analyse, and report suspicious activity. • Analyse customer transactions to detect suspicious and unusual activity to detect possible money laundering activities.



Hello Group.

• South Africa
• Financial Services
• 100 - 200 Employee

• Compliance Team Lead

  • Dec 2016 - Feb 2019

  Centurion • Development of compliance initiatives and programs to comply with the respective legal, licensing, and regulatory obligations. • Development and implementation of risk assessment framework to support partner due diligence, on-boarding and all customer interactions. • Identifying internal and external AML/CTF loopholes and coordinating projects to bridge the gaps. • Designing tools to monitor, analyse, and report suspicious activity. • Analyse customer transactions to detect… Show more • Development of compliance initiatives and programs to comply with the respective legal, licensing, and regulatory obligations. • Development and implementation of risk assessment framework to support partner due diligence, on-boarding and all customer interactions. • Identifying internal and external AML/CTF loopholes and coordinating projects to bridge the gaps. • Designing tools to monitor, analyse, and report suspicious activity. • Analyse customer transactions to detect suspicious and unusual activity to detect possible money laundering activities. • Ensure that all suspicious activity is reported to the Financial Intelligence Centre in accordance with the FIC Act • Conduct investigations on Section S27 requests from the Financial Intelligence Centre and respond to same timeously • Provide oversight to the operational team, which acts as the first line monitors and investigators of suspicious activity. Show less



Southern Commodity Access (Pty) Ltd

• Founder and Managing Partner

  • Jul 2015 - Feb 2019

  Johannesburg Area, South Africa • Co-founded an independent consulting firm focusing on import/export brokerage services including purchase contracts, shipping, warehousing, and delivery scheduling for SMEs in SADC region. (Existing contracts in Mozambique, Zambia and Zimbabwe). • Seeking out and identifying new business opportunities. • Contract negotiation and execution. • Raising the company’s profile within the market place.



EURODOLLAR FOREIGN EXCHANGE LTD

• United Kingdom
• Financial Services
• 1 - 100 Employee

• Audit and Risk Manager

  • Apr 2011 - Apr 2015

  Johannesburg Anti-Money Laundering and Compliance •Compliance Officer for the company in terms of the Financial Intelligence Centre Act. •Developed the company’s Anti-Money Laundering Policy and Internal Rules to ensure compliance with the FIC Act. •Staff training on anti-money laundering processes and procedures. •Implemented procedures for identification and reporting of unusual and suspicious transactions in compliance with the Act. •Conducting branch audits to ensure compliance with the… Show more Anti-Money Laundering and Compliance •Compliance Officer for the company in terms of the Financial Intelligence Centre Act. •Developed the company’s Anti-Money Laundering Policy and Internal Rules to ensure compliance with the FIC Act. •Staff training on anti-money laundering processes and procedures. •Implemented procedures for identification and reporting of unusual and suspicious transactions in compliance with the Act. •Conducting branch audits to ensure compliance with the regulatory framework and company policies. •Monthly data analysis to detect client suspicious activity throughout the organisation •Perform enhanced due diligence on suspicious transactions and report to regulatory authorities where necessary •Management of the relationships with Regulatory bodies Internal Audit •Constructing an effective annual audit plan incorporating risk analysis techniques •Documentation and evaluation of internal controls and proceses •Perform audit procedures to test internal controls and to ensure that operating procedures are being adhered to •Report significant audit matters to management and the Audit Committee •Conduct special projects and special investigations for legal and fraud investigations Risk Management ◾Conducting detailed risk assessments by analysing documents, statistics, reports and market trends. Show less



FX Africa Foreign Exchange (Pty) Ltd.

• Internal Audit and Compliance Manager

  • Mar 2008 - Mar 2011

  Johannesburg • Set-up the internal audit department to provide internal auditing services to the company. • Risk assessment and preparation of annual strategic audit plans. • Conducting financial, systems and operational audits and recommending corrective action on discrepancies or weaknesses. • Liaising with external auditors in the preparation and conduct of statutory audits. • Auditing and reporting on compliance on company’s subsidiaries in Botswana and Zambia. • Acting as Compliance… Show more • Set-up the internal audit department to provide internal auditing services to the company. • Risk assessment and preparation of annual strategic audit plans. • Conducting financial, systems and operational audits and recommending corrective action on discrepancies or weaknesses. • Liaising with external auditors in the preparation and conduct of statutory audits. • Auditing and reporting on compliance on company’s subsidiaries in Botswana and Zambia. • Acting as Compliance Officer for the company in terms of the Financial Intelligence Centre Act. • Designed and compiled the Anti-Money Laundering Policy, Exchange Control and Internal Operational Manuals. • Responsible for South African Reserve Bank applications. • Training staff on anti-money laundering procedures. • Implementing processes and procedures for identification of suspicious transactions and reporting thereof in compliance with the Act. • Conducting branch audits to ensure compliance with the regulatory framework and company policies. • Liaising with external auditors in the preparation and conduct of statutory audits.

• Assistant Management Accountant

  • Feb 2007 - Feb 2008

  Johannesburg •Assist in the preparation of annual budgets and monthly management accounts. •Perform local and foreign bank reconciliations. •Production of daily performance and control reports. •Maintenance of fixed asset register. •Processing creditors’ payments.



CFX Bank Ltd

• Head of Internal Audit

  • Jan 2005 - Feb 2007

  Harare •Reporting to the board audit committee and managing a team of 5 auditors. •Updating the risk management policy, risk management strategy and risk management plan annually. •Developing the three-year rolling strategic internal audit plan. •Conducting forensic audits and management consulting assignments. •Performing information systems audits. •Gather and process evidence to facilitate disciplinary hearings and for litigation purposes. •Supervise staff and reviewing and… Show more •Reporting to the board audit committee and managing a team of 5 auditors. •Updating the risk management policy, risk management strategy and risk management plan annually. •Developing the three-year rolling strategic internal audit plan. •Conducting forensic audits and management consulting assignments. •Performing information systems audits. •Gather and process evidence to facilitate disciplinary hearings and for litigation purposes. •Supervise staff and reviewing and signing-off audit reports. •Recommend measures to improve the economical and effective use of company resources. •Liaising with external auditors in the preparation and conduct of statutory audits. Show less



One To One Money Transfers

• Finance Manager

  • May 2002 - Dec 2004

  Harare •Reporting to the managing director and supervising a team of 5 staff. •Financial reporting and preparation of company financial statements. •Analyse and monitor the company’s cash flow, expenses, working capital against budget •Reporting on budget vs. actual variances both on expenses and sales. •Preparation of daily, weekly, monthly, quarterly and reports (both set reports and ad-hoc). •Set up accounting systems and internal control systems for the first mobile money… Show more •Reporting to the managing director and supervising a team of 5 staff. •Financial reporting and preparation of company financial statements. •Analyse and monitor the company’s cash flow, expenses, working capital against budget •Reporting on budget vs. actual variances both on expenses and sales. •Preparation of daily, weekly, monthly, quarterly and reports (both set reports and ad-hoc). •Set up accounting systems and internal control systems for the first mobile money transfers business in Zimbabwe •Maintenance of the company’s asset registers. Show less



CFX Bureau De Change

• Accountant

  • May 1999 - Apr 2002

  Harare



Merchant Bank of Central Africa

• Trade Finance Officer

  • Apr 1994 - Apr 1999

  Harare